08:35:38 EDT Tue 17 Sep 2019
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Appia Energy Corp
Symbol C : API
Shares Issued 63,998,468
Close 2019-04-09 C$ 0.38
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Appia Energy completes drill program at Loranger

2019-04-09 09:04 ET - News Release

Mr. Tom Drivas reports

APPIA CONFIRMS ANOMALOUS RADIOACTIVITY IN 6 OF 8 DRILL HOLES ON THE LORANGER URANIUM PROPERTY

Appia Energy Corp. has successfully completed the winter diamond drill program on the Loranger property. The property is located 28 kilometres southeast of Cameco's Rabbit Lake mill, Athabasca basin, Northern Saskatchewan.

A total of 1,063 metres were completed in eight drill holes covering three target areas. Anomalous radioactivity, hydrothermal alteration styles (bleaching, clay minerals, hematite and limonite redox fronts, smoky quartz and chlorite) and remobilized ductile/brittle structural zones were intersected within each target area.

James Sykes, Appia's vice-president of exploration and development, comments: "We are encouraged with the new drill results and remain confident that the Loranger property is highly prospective for high-grade uranium occurrences. We've observed a combination of radioactivity, alteration and structural styles and characteristic mineral assemblages that all share visual similarities with nearby basement-hosted Athabasca high-grade uranium deposits (e.g., Eagle Point, Roughrider). The information we've gained from these drill holes has provided us with additional insight to guide future exploration programs on the Loranger property."

Together with the 2017 program, the company has tested five of the 22 previously identified gravity low targets and covered only 2.3 kilometres of the 94 total kilometres of conductive strike length, with a cumulative total of 15 drill holes and 2,524 total metres drilled. The company remains well financed to continue the 2019 rare earth element ground exploration program and drilling at Alces Lake and the uranium properties.

A downhole HLP 2375 natural gamma ray spectrometer probe manufactured by Mount Sopris was used to measure all-natural gamma radiation in counts per second (cps) in the drill holes. The reader is cautioned that Appia uses natural gamma ray readings only as a preliminary indication of the presence of radioactive materials (uranium-rich, thorium-rich and/or potassium-rich minerals) and that the results may not be used directly to quantify or qualify uranium concentrations within the rock. The company considers all HLP 2375 readings greater than 300 cps to be anomalous radioactivity.

All drill core samples have been sent to Saskatchewan Research Council's Geoanalytical Laboratory, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory in Saskatoon, Sask., for uranium, multielement and REE (rare earth elements) analysis and determination of source(s) and concentrations of radioactive materials. Lab analysis results will be announced as soon as they are received and reviewed by the company.

The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, professional geoscientist, adviser to the board of directors of Appia and a qualified person as defined by National Instrument 43-101.

About Appia Energy Corp.

Appia is a Canadian publicly traded company in the uranium and rare earth element sectors. The company is currently focusing on delineating high-grade critical rare earth elements and uranium on the Alces Lake property, as well as prospecting for high-grade uranium in the prolific Athabasca basin on its Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 64,045 hectares (158,259 acres) in Saskatchewan.

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